TWELFTH GATE PROPERTIES LTD

💤Zombieactive
11084384 · ltd · incorporated 2017-11-27
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Nov 2024
Net worth
£-29.9k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 2.2y

10/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 2.2 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £29,851

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£30k
↓ 31% YoY
Current Assets
£23k
↓ 5.4% YoY
Current Liabilities
-£30k-£19k-£8k£3k£14k£25kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£154.6k£-4.7k
Current assets£23.5k£24.8k
Cash£9.1k
Debtors£23.5k£15.7k
Net assets£-29.9k£-22.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2024-03-27
    🔒
    Charge registered #1
    Lender: Paragon Bank PLC Limited
  5. 2023-11-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-06-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-06-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-05-18
    📄
    capital-allotment-shares
    capital · SH01
  9. 2023-05-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2023-05-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-12-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2021-12-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2021-12-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2021-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2020-12-22
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2017-12-06
    SOKPOR, Cyrille resigned
    director
  19. 2017-11-27
    🏢
    Company incorporated
    As TWELFTH GATE PROPERTIES LTD
  20. 2017-11-27
    FRANKA, Terence appointed
    director
  21. 2017-11-27
    SOKPOR, Cyrille appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Green Genesis Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Green Genesis Ltd
Corporate parent · holds 75-100% shares
ultimate parent
TWELFTH GATE PROPERTIES LTD
This company · 11084384

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Green Genesis Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting01/05/2023
3 historic (ceased) PSCs
  • Mr Terence Frankaceased 01/05/2023· significant influence
  • Mr Ciro Morlinoceased 01/03/2018· significant influence
  • Mr Cyrille Sokporceased 01/03/2018· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2017-11-27
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY
England

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-06-01
Last: 2026-05-18

Officers (1 active · 1 resigned)

FRANKA, Terence
director · ~41y · appointed 2017-11-27
View their other companies + combined net worth →
Active
SOKPOR, Cyrille
director · ~41y · appointed 2017-11-27 · resigned 2017-12-06
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Paragon
Paragon Bank PLC Limited
A registered charge1 property27/03/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (32 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-15
change-person-director-company-with-change-date
officers · CH01
2023-06-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-19
capital-allotment-shares
capital · SH01
2023-05-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-05-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-05-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-18